JASH ENGINEERING
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The Current P/E Ratio of JASH ENGINEERING is 40.11.
| Share Price | ₹348.0 | Mar 24,2026 |
| Market Cap | ₹2,199.4 Cr | |
| Earnings-TTM | ₹54.8 Cr | TTM-Consolidated Results |
| Price/Earnings | 40.11x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of JASH ENGINEERING
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹2,199.4 Cr] as on Mar 24,2026
(/) Earnings [ ₹54.8 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 40.11x ]
Thus, for JASH ENGINEERING , the investors are currently willing to pay 40.11 times earnings to own 1 share of the company.
PE Multiples are the most widely used valuation multiple in practice.
Since P/E ratio uses Net Income in the calculation, P/E multiples are not always reliable for valuing companies with negative earnings.
In such cases, you may consider using Price to Book ratio or Price to Sales ratio of JASH ENGINEERING !
P/E ratios, also, would not adjust for differences in the capital structure between companies.
The chart below summarizes the trend in P/E Ratio of JASH ENGINEERING over the last five years.
Historical PE (Price/Earnings) ratio chart of JASH ENGINEERING
PE Ratio Performance Analysis for JASH ENGINEERING
- JASH ENGINEERING 's p/e ratio for fiscal years ending Mar2025 to Mar2021 averaged 19.60x.
- JASH ENGINEERING 's operated at median p/e ratio of 18.94x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, JASH ENGINEERING 's p/e ratio peaked in Mar2025 at 41.56x.
- JASH ENGINEERING 's p/e ratio hit its five-year low in Mar2024 of 6.28x.
How does JASH ENGINEERING 's P/E Ratio benchmark against top 10 peers in Engineering - Industrial Equipments Industry?
| Peer Comparison (Engineering - Industrial Equipments Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
|---|---|---|---|
| JASH ENGINEERING | 54.84 | 40.11 | 2,199.4 |
| BHARAT HEAVY ELECTRICALS LTD | 760.05 | 118.24 | 89,872.1 |
| THERMAX LTD | 681.12 | 55.84 | 38,037.1 |
| JYOTI CNC AUTOMATION LTD | 354.40 | 47.79 | 16,938.5 |
| TRIVENI TURBINE LTD | 343.10 | 41.19 | 14,131.9 |
| KIRLOSKAR BROTHERS LTD | 380.50 | 31.23 | 11,883.2 |
| ELECON ENGINEERING COMPANY LTD | 478.54 | 18.04 | 8,633.8 |
| PRAJ INDUSTRIES LTD | 52.05 | 110.39 | 5,746.0 |
| KIRLOSKAR OIL ENGINES LTD | 529.06 | 36.51 | 19,314.6 |
| TEGA INDUSTRIES LTD | 195.99 | 61.24 | 12,002.0 |
| SHRIRAM PISTONS & RINGS LTD | 554.24 | 23.89 | 13,239.4 |
Engineering - Industrial Equipments Industry Benchmark (Top 10) PE Analysis vs JASH ENGINEERING 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 18.04x |
| Max industry PE | 118.24x |
| Median industry PE | 41.19x |
| Average industry PE | 53.13x |
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